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Slovakia's industrial output falls by 24.8% year-on-year in April

In April, Slovakia's industrial output continued lagging behind last year's level again. The Slovak Statistics Office reported a y-o-y fall of 24.8 percent in the fourth month meaning a further slowdown in industrial output after a 17.8 percent fall in March.

In April, Slovakia's industrial output continued lagging behind last year's level again. The Slovak Statistics Office reported a y-o-y fall of 24.8 percent in the fourth month meaning a further slowdown in industrial output after a 17.8 percent fall in March.

The April development resulted from a 29 percent decline in output in industrial manufacturing and a 7.3-percent fall in extraction of mineral raw materials. Generation and distribution of electricity, natural gas, steam and cooled air went up for the first time this year, by 2.6 percent.

Industrial output has fallen in total during the first four months by an average of 23.5 percent compared to the same period last year, the SITA newswire wrote.

Compiled by Zuzana Vilikovská from press reports
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